RESTAURANT EXAMPLE PTY LTD

Forecast

PROFIT & LOSS FORECAST

Jul 09 Aug 09 Sep 09 Oct 09 Nov 09 Dec 09 Jan 10 Feb 10 Mar 10 Apr 10 May 10 Jun 10 Total
$ $ $ $ $ $ $ $ $ $ $ $ $ %
SALES 23,438 23,437 46,875 70,312 93,750 117,188 117,188 93,750 70,312 46,875 23,438 23,437 750,000 100.0%

DIRECT COSTS 8,906 8,906 17,813 26,719 35,625 44,531 44,531 35,625 26,719 17,812 8,907 8,906 285,000 38.0%

GROSS PROFIT 14,532 14,531 29,062 43,593 58,125 72,657 72,657 58,125 43,593 29,063 14,531 14,531 465,000 62.0%

OVERHEADS 19,581 21,050 25,292 31,540 32,319 35,098 35,098 30,853 26,610 22,364 23,582 19,583 322,970 43.1%

OTHER COSTS 1,338 1,337 1,338 1,337 1,338 1,337 1,338 1,337 1,338 1,337 1,338 1,337 16,050 2.1%

OPERATING PROFIT (6,387) (7,856) 2,432 10,716 24,468 36,222 36,221 25,935 15,645 5,362 (10,389) (6,389) 125,980 16.8%

INTEREST EXPENSE 1,340 1,440 1,461 1,311 1,276 1,260 1,244 1,227 1,212 1,194 1,178 1,161 15,304 2.0%

NET PROFIT (7,727) (9,296) 971 9,405 23,192 34,962 34,977 24,708 14,433 4,168 (11,567) (7,550) 110,676 14.8%

CUMULATIVE (7,727) (17,023) (16,052) (6,647) 16,545 51,507 86,484 111,192 125,625 129,793 118,226 110,676 110,676

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 RESTAURANT EXAMPLE PTY LTD
Forecast

CASH FLOW FORECAST

Jul 09 Aug 09 Sep 09 Oct 09 Nov 09 Dec 09 Jan 10 Feb 10 Mar 10 Apr 10 May 10 Jun 10 Total
$ $ $ $ $ $ $ $ $ $ $ $ $
RECEIPTS
Invoiced Sales 25,782 25,781 51,563 77,343 103,125 128,907 128,907 103,125 77,343 51,563 25,782 25,781 825,002
25,782 25,781 51,563 77,343 103,125 128,907 128,907 103,125 77,343 51,563 25,782 25,781 825,002

PAYMENTS
Invoiced Costs 13,026 9,652 10,559 13,476 18,899 19,756 22,379 22,253 19,337 16,119 12,895 14,670 193,021
Cost of Goods Sold 21,633 10,668 16,655 26,452 36,248 45,175 48,113 42,127 32,330 22,533 13,607 10,668 326,209
Wages 8,421 9,474 10,526 11,579 11,579 11,579 11,579 10,526 9,474 8,421 8,421 8,421 120,000
Loan Payments 2,546 2,545 2,546 2,545 2,546 2,545 2,546 2,545 2,546 2,545 2,546 2,545 30,546
Overdraft Interest 2 118 154 19 - - - - - - - - 293
Group Tax/Super 2,500 2,105 2,369 2,631 2,895 2,895 2,894 2,895 2,632 2,368 2,106 2,105 30,395
GST - 5,625 - - 2,483 - - 6,946 - - 15,398 - 30,452
48,128 40,187 42,809 56,702 74,650 81,950 87,511 87,292 66,319 51,986 54,973 38,409 730,916

NET CASH FLOW (22,346) (14,406) 8,754 20,641 28,475 46,957 41,396 15,833 11,024 (423) (29,191) (12,628) 94,086

OPENING BANK 20,000 (2,346) (16,752) (7,998) 12,643 41,118 88,075 129,471 145,304 156,328 155,905 126,714 20,000

CLOSING BANK (2,346) (16,752) (7,998) 12,643 41,118 88,075 129,471 145,304 156,328 155,905 126,714 114,086 114,086

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 RESTAURANT EXAMPLE PTY LTD
Forecast

BALANCE SHEET FORECAST

Opening Jul 09 Aug 09 Sep 09 Oct 09 Nov 09 Dec 09 Jan 10 Feb 10 Mar 10 Apr 10 May 10 Jun 10
$ $ $ $ $ $ $ $ $ $ $ $ $
CURRENT ASSETS
Bank 20,000 - - - 12,643 41,118 88,075 129,471 145,304 156,328 155,905 126,714 114,086
Inventories 25,000 25,000 29,750 34,500 39,250 44,000 44,000 39,250 34,500 29,750 25,000 25,000 29,750
45,000 25,000 29,750 34,500 51,893 85,118 132,075 168,721 179,804 186,078 180,905 151,714 143,836

NON-CURRENT ASSETS
Plant & Equipment 107,000 107,000 107,000 107,000 107,000 107,000 107,000 107,000 107,000 107,000 107,000 107,000 107,000
Accumulated Depreciation - (1,338) (2,675) (4,013) (5,350) (6,688) (8,025) (9,363) (10,700) (12,038) (13,375) (14,713) (16,050)
107,000 105,662 104,325 102,987 101,650 100,312 98,975 97,637 96,300 94,962 93,625 92,287 90,950

TOTAL ASSETS 152,000 130,662 134,075 137,487 153,543 185,430 231,050 266,358 276,104 281,040 274,530 244,001 234,786

CURRENT LIABILITIES
Bank - 2,346 16,752 7,998 - - - - - - - - -
Accounts Payable 27,000 12,097 16,925 27,879 41,339 50,237 56,977 52,930 41,980 30,723 19,460 17,116 16,761
Other Creditors 10,000 10,154 4,852 6,332 8,774 9,841 15,044 20,724 18,030 21,124 23,060 7,810 7,884
Equipment loan 15,535 15,730 15,926 16,125 16,327 16,531 16,738 16,947 17,158 17,373 17,590 17,810 18,033
52,535 40,327 54,455 58,334 66,440 76,609 88,759 90,601 77,168 69,220 60,110 42,736 42,678

NON-CURRENT LIABILITIES 91,465 90,062 88,643 87,205 85,750 84,276 82,784 81,273 79,744 78,195 76,627 75,039 73,432

TOTAL LIABILITIES 144,000 130,389 143,098 145,539 152,190 160,885 171,543 171,874 156,912 147,415 136,737 117,775 116,110

NET ASSETS 8,000 273 (9,023) (8,052) 1,353 24,545 59,507 94,484 119,192 133,625 137,793 126,226 118,676

EQUITY & RESERVES

Capital & Reserves 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000 8,000
Retained Earnings - (7,727) (17,023) (16,052) (6,647) 16,545 51,507 86,484 111,192 125,625 129,793 118,226 110,676
8,000 273 (9,023) (8,052) 1,353 24,545 59,507 94,484 119,192 133,625 137,793 126,226 118,676

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 RESTAURANT EXAMPLE PTY LTD
Forecast

FUNDS FLOW FORECAST

Jul 09 Aug 09 Sep 09 Oct 09 Nov 09 Dec 09 Jan 10 Feb 10 Mar 10 Apr 10 May 10 Jun 10 Total
$ $ $ $ $ $ $ $ $ $ $ $ $
PROFIT & LOSS
Operating Profit (6,387) (7,856) 2,432 10,716 24,468 36,222 36,221 25,935 15,645 5,362 (10,389) (6,389) 125,980
Plus Deprec'n/Grant Income 1,338 1,337 1,338 1,337 1,338 1,337 1,338 1,337 1,338 1,337 1,338 1,337 16,050
(5,049) (6,519) 3,770 12,053 25,806 37,559 37,559 27,272 16,983 6,699 (9,051) (5,052) 142,030

WORKING CAPITAL CHANGES

Accounts Payable (14,903) 4,828 10,954 13,460 8,898 6,740 (4,047) (10,950) (11,257) (11,263) (2,344) (355) (10,239)
Other Creditors/Debtors 154 (5,302) 1,480 2,442 1,067 5,203 5,680 (2,694) 3,094 1,936 (15,250) 74 (2,116)
Inventories - (4,750) (4,750) (4,750) (4,750) - 4,750 4,750 4,750 4,750 - (4,750) (4,750)
(14,749) (5,224) 7,684 11,152 5,215 11,943 6,383 (8,894) (3,413) (4,577) (17,594) (5,031) (17,105)

CASH INFLOW FROM OPERATIONS (19,798) (11,743) 11,454 23,205 31,021 49,502 43,942 18,378 13,570 2,122 (26,645) (10,083) 124,925

INVESTMENT RETURNS
Interest Received/(Paid) (1,340) (1,440) (1,461) (1,311) (1,276) (1,260) (1,244) (1,227) (1,212) (1,194) (1,178) (1,161) (15,304)
(1,340) (1,440) (1,461) (1,311) (1,276) (1,260) (1,244) (1,227) (1,212) (1,194) (1,178) (1,161) (15,304)

INVESTING ACTIVITIES
- - - - - - - - - - - - -

CASH INFLOW BEFORE FINANCING (21,138) (13,183) 9,993 21,894 29,745 48,242 42,698 17,151 12,358 928 (27,823) (11,244) 109,621

FINANCING & OTHER

Loans/Leases (1,208) (1,223) (1,239) (1,253) (1,270) (1,285) (1,302) (1,318) (1,334) (1,351) (1,368) (1,384) (15,535)
(1,208) (1,223) (1,239) (1,253) (1,270) (1,285) (1,302) (1,318) (1,334) (1,351) (1,368) (1,384) (15,535)

TOTAL CASH INFLOW (22,346) (14,406) 8,754 20,641 28,475 46,957 41,396 15,833 11,024 (423) (29,191) (12,628) 94,086

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 RESTAURANT EXAMPLE PTY LTD
Forecast

KEY STATISTICS & RATIOS FORECAST

Jul 09 Aug 09 Sep 09 Oct 09 Nov 09 Dec 09 Jan 10 Feb 10 Mar 10 Apr 10 May 10 Jun 10 Total
$ $ $ $ $ $ $ $ $ $ $ $ $

FORECAST SALES 23,438 23,437 46,875 70,312 93,750 117,188 117,188 93,750 70,312 46,875 23,438 23,437 750,000

BREAKEVEN SALES 35,901 38,430 45,309 55,142 56,344 60,798 60,774 53,898 47,033 40,153 42,095 35,614 571,490

SALES COVER 65.3% 61.0% 103.5% 127.5% 166.4% 192.7% 192.8% 173.9% 149.5% 116.7% 55.7% 65.8% 131.2%

GROSS PROFIT MARGIN 62.0% 62.0% 62.0% 62.0% 62.0% 62.0% 62.0% 62.0% 62.0% 62.0% 62.0% 62.0% 62.0%

NET PROFIT MARGIN -33.0% -39.7% 2.1% 13.4% 24.7% 29.8% 29.8% 26.4% 20.5% 8.9% -49.4% -32.2% 14.8%

RETURN ON CAPITAL -22193.4% 867.0% -561.9% 10690.0% 1261.7% 757.4% 477.0% 274.6% 152.5% 58.3% -86.1% -51.1% 119.7%

RETURN ON NET ASSETS -28074.7% 1044.8% -362.5% 9504.2% 1196.2% 730.4% 460.0% 261.1% 140.5% 46.7% -98.8% -64.6% 106.2%

CURRENT RATIO 62.0% 54.6% 59.2% 78.1% 111.1% 148.8% 186.2% 233.0% 268.8% 301.0% 355.0% 337.0% 337.0%

LIQUID RATIO 0.0% 0.0% 0.0% 19.0% 53.7% 99.2% 142.9% 188.3% 225.9% 259.4% 296.5% 267.3% 267.3%

GROSS GEARING 39611.0% -1344.6% -1382.6% 7544.5% 410.7% 167.3% 104.0% 81.3% 71.5% 68.4% 73.6% 77.1% 77.1%

CLOSING BANK (2,346) (16,752) (7,998) 12,643 41,118 88,075 129,471 145,304 156,328 155,905 126,714 114,086 114,086

CUSTOMER COUNT 781 781 1,512 2,197 2,841 3,447 3,348 2,757 2,131 1,465 756 756 1,943

AVERAGE CUSTOMER SPEND $ 30 30 31 32 33 34 35 34 33 32 31 31 386

SALES DOLLARS PER DOLLAR OF WAGES 2.23 1.98 3.56 4.86 6.48 8.1 8.1 7.12 5.94 4.45 2.23 2.23 5.0

NO. EMPLOYEES (EXCL OWNER) 8 9 10 11 11 11 11 10 9 8 8 8 114

SALES $ PER EMPLOYEE 2,930 2,604 4,688 6,392 8,523 10,653 10,653 9,375 7,812 5,859 2,930 2,930 6,579

AVAILABLE TRADING DAYS 27 27 26 28 26 25 29 24 27 26 27 26 318

SALES $ PER TRADING DAY 868 868 1,803 2,511 3,606 4,688 4,041 3,906 2,604 1,803 868 901 2,358

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